Group News-HBIS Group-Being The Most Competitive Steel Enterprise

HBIS Chairman Met Tenova CEO Roberto Pancaldi

October 18, HBIS CCP & Group Chairman Yu Yong met Italian Tenova Group CEO Roberto Pancaldi in Munich, Germany and discussed the applications of hydrogen DRI iron making technology and electric arc steel making technology.  

Yu Yong said the carbon track reduction and emission reduction of traditional steel making technology is the future of Chinese steel industry and Tenova was a leading global player in the industry. Next, the partners could implement full life cycle strategic coopeartion in hydrogen based short procedure steel making technologies and lead the innovation and reform of traditional steel making technology. We could make our coopeartion a showpiece project in hydrogen steel making technology in China and fulfill our responsibility in HBIS green development.

Roberto Pancaldi gradulated Mr.Yu for becoming the new WSA chairman and said this proved that HBIS and Chinese steel industry had been acknowledged the community. HBIS is an open and responsible enterprises and playing an important role in the development of world steel industry. Carbon reduction and emission reduction is the concensus of the industry and Tenvoa is willing to strengthen its cooperation in new steel making technologies with HBIS and make its own marks in the sustainable development of Chinese steel industry.